USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0313%/8h= +34.2% APRnext payment +$1.56 per $10,000 · paid last 24h −0.054%

Price spread now: Variational Omni against Aster+0.744%7-day average +0.092% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.226%−$23 on $10k

Price spread, last 7 days−0.813%−$81 · spread now +0.744%, 7d avg +0.092%

Together, before fees−1.038%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board−$104 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Variational Omni is 0.653% dearer against Aster than usual: you sell high and buy low: +$65 more if the spread goes back to its 7-day average of +0.092%. Mind the row above: over the last 4 days funding on this pair cost −0.226%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster USELESSUSDT	0.2610	0.0277	pay 0.0139% / 4h	3h 34m	$516K	$2.4M	10x
Short	Variational Omni USELESS	0.2630	0.0590	get 0.0295% / 4h	3h 34m	$1.1M	$1.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee Variational OmnibpOrdersPrice spread, now +0.744%Rate

Funding earned: $65.67
Price spread: +0.744% → +0.092%: $65.28
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $122.95
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Aster: live order book, 4 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 4 min ago	7.06 bp	15.2 bp −$15	118.6 bp −$1,186	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 4 min ago	3.79 bp	doesn't fit	60.7 bp −$607	doesn't fit	doesn't fit

USELESS on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter USELESS	+0.0096%	1h	0.2611	+0.048%	$1.2M	$1.2M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2612	+0.086%	$28K	$18K	3x	as long as short
ApeX Omni USELESSUSDT	+0.0100%	1h	0.2618	+0.300%	$36K	$696K	25x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2617	+0.258%	$25K	$232K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2616	+0.235%	—	$1.4M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2616	+0.209%	$18K	$520K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2618	+0.300%	$601K	$1.1M	20x	as long as short
Aevo USELESS-PERP	+0.0168%	1h	0.2633	+0.883%	$9K	—	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0202%	4h	0.2612	+0.055%	$8.8M	$63.2M	10x	as long as short
KuCoin USELESSUSDTM	+0.0210%	4h	0.2611	+0.021%	$4.7M	$10.7M	12x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget USELESSUSDT	+0.0212%	4h	0.2610	−0.014%	$5.0M	$10.3M	20x	as long as short
Aster USELESSUSDTlong	+0.0277%	4h	0.2610	long leg	$516K	$2.4M	10x
edgeX USELESSUSDC	+0.0345%	4h	0.2624	+0.518%	$20K	$196K	10x	as long as short
MEXC USELESS_USDT	+0.0358%	4h	0.2612	+0.090%	$10.5M	$6.0M	50x	as long as short
Extended USELESS-USD	+0.0360%	1h	0.2612	+0.064%	$112K	$1.1M	5x	as long as short
Binance USELESSUSDT	+0.0362%	4h	0.2613	+0.113%	$21.8M	$121.8M	50x	as long as short
Hyperliquid USELESS	+0.0424%	1h	0.2613	+0.120%	$11.4M	$22.6M	3x	as long as short
Variational Omni USELESSshort	+0.0590%	4h	0.2630	+0.744%	$1.1M	$1.8M	—
Gate USELESS_USDT	+0.0652%	4h	0.2610	−0.014%	$6.5M	$8.6M	50x	as long as short
BingX USELESS-USDT	+0.0822%	4h	0.2613	+0.105%	—	$5.3M	—	as long as short
BloFin USELESS-USDT	+0.0966%	4h	0.2619	+0.320%	$1.1M	$1.9M	12x	as long as short
Bybit USELESSUSDT	+0.0991%	4h	0.2612	+0.074%	$24.7M	$48.6M	13x	as long as short
Orderly PERP_USELESS_USDC	+0.1304%	4h	0.2618	+0.316%	$19K	$1.2M	10x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2784	+6.645%	$5K	$11K	5.5x	as long as short